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Is Monticello, UT 84535 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Monticello is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market332Listing to accepted offer
Median price per sq ft$220▼ −5.2% vs. last year

The Monticello housing market right now

In the three months ending August 31, 2026, 100% of homes in Monticello, UT 84535 sold above their list price, the typical home went under contract in 332 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (81 days then) and the median sale price rose 26% to $430,389. Overall, Monticello is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at La Sal 84530 (0% sold over asking) or Blanding 84511 (0% sold over asking).

Run the numbers for 84535

Prefilled for 84535Can I win this house?Multiple-offer likelihood for a listing Prefilled for 84535Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blanding 84511Balanced $181 /sq ftBluff 84512 — /sq ftLa Sal 84530Balanced $254 /sq ft Browse all markets →

Towns like Monticello nearby

Find towns like Monticello in other states →
Blanding, UT84511 · 25 miles away70% similarlarger · younger residents Dove Creek, CO81324 · 24 miles away40% similarcheaper homes ($99K less) · smaller

Where Monticello is

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Questions about Monticello real estate

Is Monticello a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Monticello, UT 84535 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Monticello?

The typical home went under contract in 332 days in the latest three months.

Do homes in Monticello sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.

What are property taxes in Monticello?

About 0.80% of a home’s value a year in San Juan County, or roughly $3,200 on a $400,000 home.

What is the median home price in Monticello?

The median sale price was $430,389 in the three months ending August 31, 2026, about $220 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology